Chip Maker to Add 1,800 Jobs in North Carolina with New Plant

Date Published07/13/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Wolfspeed
Parent companyWolfspeed
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):1800
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Capital investment ($):4.8
City reshored to: Durham
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredsemiconductors, chips for electric vehicles
What domestic positive factors made reshoring more attractive?Automation/technology, Government Incentives, Commerce Department as an economic incentive packa
Government Incentive dollar amount:$112.5 million
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